| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 1114.46 |
Energy Efficiency Development Policy Loan
Abstract*
The Government of Poland faces a dilemma: how can harmful emissions are decreased, while maintaining its focus on economic growth to converge with the European Union (EU)-15 and do this within a constrained fiscal environment. The World Bank (the Bank) worked closely with the Government during 2009-10 to address this conundrum in preparing the 2011 report entitled 'transition to a low emissions economy in Poland', analyzing the carbon abatement potential... Show More
Development Objective
The program development objective of the proposed operation is to support the Government's program to: (i) decrease actual final energy consumption by 9% by 2016 and reach a 20% reduction target by 2020 compared to business as usual; and (ii) increase the share of renewable energy in final energy consumption to 15.0% by 2020. These targets are part of Poland's commitment towards the EU in the context of the latter#s energy and climate change package. Against the backdrop of tight fiscal constraints and the need to maintain economic growth and alleviate poverty, energy efficiency measures have been identified as the highest priority and least cost way to decrease airborne emissions. Because of its large energy savings potential, the buildings sector will be the primary focus of measures to reduce energy use. Biomass and wind power are expected to be the main sources of new renewable energy through 2020.
Key Details
Project Details
P115426
Closed
Claudia Vasquez Suarez
N/A
December 17, 2010
(as of board presentation)
June 7, 2011
July 5, 2011
US$ 1114.46 million
N/A
2011
US$ 1114.46 million
N/A
June 28, 2013
March 31, 2012
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 1114.46 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 1114.46 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1114.46 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 1, 2024 | IBRD-80700 | Int Charges | 12,911,328.00 |
| Jun 1, 2014 | IBRD-80700 | Int Charges | 3,612,719.00 |
| Jun 7, 2011 | IBRD-80700 | Loan Commitment | 1,114,499,970.00 |
| Jun 1, 2022 | IBRD-80700 | Loan Repay | 36,573,468.00 |
| Jun 1, 2022 | IBRD-80700 | Int Charges | 315,811.90 |
| Dec 1, 2022 | IBRD-80700 | Loan Repay | 35,617,968.00 |
| Dec 1, 2022 | IBRD-80700 | Int Charges | 1,594,981.80 |
| Jun 1, 2023 | IBRD-80700 | Int Charges | 9,472,934.00 |
| Jun 1, 2023 | IBRD-80700 | Loan Repay | 36,544,464.00 |
| Dec 1, 2023 | IBRD-80700 | Int Charges | 13,017,527.00 |
| Dec 1, 2023 | IBRD-80700 | Loan Repay | 37,186,012.00 |
| Dec 1, 2019 | IBRD-80700 | Int Charges | 1,467,278.80 |
| Jun 1, 2020 | IBRD-80700 | Int Charges | 1,016,199.00 |
| Dec 1, 2020 | IBRD-80700 | Int Charges | 2,053,603.10 |
| Dec 1, 2020 | IBRD-80700 | Loan Repay | 40,847,624.00 |
| Jun 1, 2021 | IBRD-80700 | Int Charges | 398,131.38 |
| Jun 1, 2021 | IBRD-80700 | Loan Repay | 41,710,988.00 |
| Dec 1, 2021 | IBRD-80700 | Int Charges | 470,824.38 |
| Dec 1, 2021 | IBRD-80700 | Loan Repay | 38,634,620.00 |
| Dec 1, 2017 | IBRD-80700 | Int Charges | 1,361,119.80 |
| Jun 1, 2018 | IBRD-80700 | Int Charges | 1,287,667.10 |
| Dec 1, 2018 | IBRD-80700 | Int Charges | 1,300,615.20 |
| Jun 1, 2019 | IBRD-80700 | Int Charges | 1,436,905.10 |
| Jun 1, 2015 | IBRD-80700 | Int Charges | 2,401,710.00 |
| Dec 1, 2015 | IBRD-80700 | Int Charges | 1,939,525.50 |
| Dec 1, 2016 | IBRD-80700 | Int Charges | 1,295,884.00 |
| Jun 1, 2016 | IBRD-80700 | Int Charges | 1,744,134.90 |
| Jun 1, 2017 | IBRD-80700 | Int Charges | 1,234,557.20 |
| Dec 1, 2014 | IBRD-80700 | Int Charges | 3,657,642.00 |
| Dec 1, 2013 | IBRD-80700 | Int Charges | 3,424,490.50 |
| Jun 1, 2024 | IBRD-80700 | Loan Repay | 37,025,624.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2013 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | Modest |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | Moderately Satisfactory |
| Government Performance | Moderately Satisfactory |
| Implementing Agency | Moderately Satisfactory |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-30-2014 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | Moderate | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Not Rated | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
No data available.